Last night, due to tariff news, the big cake (Bitcoin) once again soared to around the highest point of 97700. Subsequently, a shooting star was left on the four-hour chart. From the market perspective, the lowest point of the previous two days has already touched the lower edge of the box support. There should have been a rebound due to the positive news, which was quite strong, but in the end, a shooting star was left on the four-hour chart, indicating the strong bearish force above.
In this position, Long Ge believes that the possibility of continuing to break through is low. Although there is good news regarding tariffs, the financial market ultimately depends on funds. From 75000 to now, the funds in the market have been basically exhausted. If the main force continues to pull up, it is equivalent to giving money to retail investors. Without a large amount of external funds to support it, or forcing those at high positions to cut losses, Long Ge's thinking is still bearish. $BTC #比特币预测
The two targets below are at the red line positions:
First target: around 91500
Second target: around 88500
First, the support at the oscillation box needs to be broken here. Once it is broken, it will form a strong pressure.